EXS 0.00% 26.0¢ exco resources limited

what's going on?, page-2

  1. 1,082 Posts.
    yep, Vertigo way overdue - probably something to do with the recent fall in the gold price I suspect. Why they did't just lock in some hedging on one of the occasions when it hit AUD1,700 beats me - I suspect management aren't being upfront about what is going on.

    Mt Colin is meant to me wrapped up Q1, but Vertigo was meant to be wrapped up last May, so who knows really.

    An exploration update was also promised before the end of last year, so I am annoyed we didn't get one.

    Still think we are way undervalued, but my patience is really starting to get tested.

    The big thing is that all holders will have satisfied the 45 day rule by Mon 16 Jan, so whether the sellers and maybe buyers come in after that and interest picks up again, only time will tell.
 
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